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Mathematics, 23.04.2021 02:40 ira51

A bag contains 2 gold marbles, 6 silver marbles, and 25 black marbles. Someone offers to play this game: You randomly select one marble from the bag. If it is gold, you win $4. If it is silver, you win $3. If it is black, you lose $1. What is your expected value if you play this game?

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